Modine Manufacturing Co

MOD remains in a Stage 4 decline with persistent lower highs and lower lows, trading below declining EMAs. A recent bounce from the 200-DMA has led to a pullback into the 9/21 EMA resistance zone. Medium-term bias stays bearish, and short-term rallies into the EMA stack should be sold, as momentum and volume continue to favor distribution. Sell now into the 9/21 EMA resistance area for continuation of the decline.

• ↑Data center sales jumped 73% YoY to $1.1B, guiding 60–80% growth next fiscal year.
• ↑Acquisitions added $119M incremental revenue, expanding high-margin HVAC offerings.
• ↓Performance technologies revenue may decline 2–12% amid weak demand.